Explainer: How could Germany expropriate Rosneft assets? [Reuters]
FORTUM OYJ CP UNSP/ADR (FOJCY)
NASDAQ:AMEX Investor Relations:
www3.fortum.com/about-us/investors/focus
Company Research
Source: Reuters
Here is what is known about the potential plan and how Germany may proceed: Why has Berlin decided to expropriate Rosneft assets in Germany? In the wake of Russia's full-scale invasion of Ukraine, the German government put Rosneft's German business, including its 54.17% stake in Berlin's Schwedt refinery, under a so-called trusteeship in September 2022. This expires in March. Germany's economy ministry told Rosneft it was considering expropriation because of a risk of jeopardizing the refineries' operation if Russia regained control over the companies. How much would Berlin have to pay for Rosneft assets in Germany? Vedomosti newspaper said in 2022, citing an unnamed consultancy, that Rosneft's assets in Germany may amount to $7 billion. Berlin declined to say how much it would need to pay to compensate Rosneft and how it could finance this. Rosneft did not reply to a request for comment. How would expropriation work legally? Rosneft already filed a case against the tru
Show less
Read more
Impact Snapshot
Event Time:
FOJCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FOJCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FOJCY alerts
High impacting FORTUM OYJ CP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
FOJCY
News
- Putin urges restraint in state seizure of assets [Reuters]Reuters
- Putin urges restraint in state seizure of assets [Yahoo! Finance]Yahoo! Finance
- DOVRE GROUP TRADING STATEMENT JANUARY 1 – MARCH 31, 2024 [Yahoo! Finance]Yahoo! Finance
- UPDATE 1-Russia seizes assets of agricultural firm AgroTerra [Yahoo! Finance]Yahoo! Finance
- Russia seizes assets of agricultural firm AgroTerra [Reuters]Reuters